Shoprite’s half year sales grow by 7% despite dismal performance outside SA

23 Jan 2020

SOUTH AFRICA – Africa’s retail giant Shoprite has reported a 7% growth in the group's total sales to approximately R81.2bn (US$5.62b) in its half-year financial performance ending December 2019. The...

Unilever Nigeria appoints industry veteran Carl Cruz as new Managing Director

23 Jan 2020

NIGERIA - The Board of Unilever Nigeria Plc has appointed Carl Cruz as its new Managing Director to takes over the management and leadership of the company effective 1st February...

Zimbabwe imports 100,000 tonnes of maize from South Africa and Brazil

23 Jan 2020

ZIMBABWE — The Grain Millers Association of Zimbabwe (GMAZ), the apex representative body of the country’s milling industry has acquired 100,000 tonnes of maize from South Africa and Brazil, reports...

USAID launches ‘Water for Agriculture’ initiative in Northern Nigeria to promote farmers livelihoods

23 Jan 2020

Nigeria - The U.S. Agency for International Development (USAID) has awarded a three-year, US$8 million Cooperative Agreement to Catholic Relief Services (CRS) that will boost the livelihoods of crop and...

Zambian company to set up a US$166m sugar refinery

23 Jan 2020

ZAMBIA – Mobe Sugar Company, a wholly owned Zambian private manufacturing company has initiated talks with Luanshya Municipal Council, North-Central Zambia on opening a sugar refinery and auxiliary factories in...

LIBA to invest US$157.9m to boost food production on commercial scale

22 Jan 2020

LIBERIA - The Liberia Business Association (LIBA), the umbrella Association for all indigenous Liberian business owners has announced that it will invest U.S.$157.9 Million in collaboration with other Liberian institutions...

Conagra Brands launches new Duncan Hines Keto Friendly Cake Cups

23 Jan 2020

USA - Duncan Hines, a brand of Conagra Brands, has unveiled a collection of Keto Friendly Cake Cups, designed to meet the growing demand by consumers seeking low-carbohydrate snacks. Duncan...

Louis Dreyfus Company secures US$100m to expand operations

23 Jan 2020

NETHERLANDS – Louis Dreyfus Company, a leading merchant and processor of agricultural products has secured a US$100 million financing facility from the EBRD to facilitate the company’s regional expansion. The...

Sainsbury’s announces succession plan as CEO Mike Coupe retires

23 Jan 2020

UK – British supermarket group, Sainsbury’s has appointed Simon Roberts as the group’s Chief Executive Officer following Mike Coupe’s decision to retire after almost six years as the retailer’s CEO....

Yara and IBM launch collaboration to advance sustainable food production

23 Jan 2020

SWITZERLAND - Yara International, a crop nutrition and digital farming solutions provider has partnered with IBM to launch the Open Farm & Field Data Exchange, a collaboration for farm and...

Molson Coors Beverage to acquire US craft beer maker Atwater Brewery

23 Jan 2020

USA – Tenth and Blake Beer Company, the US craft division of Molson Coor Beverage Company has secured a deal to acquire Detroit-based craft beer maker Atwater Brewery. Founded in...

Hard Kombucha maker Fermented Sciences develops shelf-stable probiotic tech

23 Jan 2020

USA - Fermented Sciences, the maker of Flying Embers Hard Kombucha has developed a proprietary process in partnership with zümXR, utilizing a patented technology to create a shelf stable probiotic...